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Oh, but the invisible hand market forces will correct the imbalances. People that buy tainted meat will die off and the vendors who sell it will go out of business. It's a self correcting mechanism, like the plague.
Posted By: pangloss
Date: Wednesday, July 13, 2016 at 10:20 am
The same market forces would have worked for cars and the highway system if federal regulators had stayed out of it. People dumb enough to buy a Corvair or a car without seat-belts or collapsible steering columns or drive on dangerous roads would have died off.
And if demand for safe technology was strong enough then the market would deliver. It's a Darwinian, survival of the fittest, sort of thing.
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NEW:
Oh, but the invisible hand market forces will correct the imbalances. People that buy tainted meat will die off and the vendors who sell it will go out of business. It's a self correcting mechanism, like the plague.
pangloss -
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Wednesday 13 July 2016, at 10:20 am [ID# 1832146] [reply]
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NEW: ^^^^^^^
(nm)
MinnesotaUte -
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Wednesday 13 July 2016, at 11:45 am [ID# 1832174] [reply]
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NEW: well....
pangloss -
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Wednesday 13 July 2016, at 12:57 pm [ID# 1832203] [reply]
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NEW: ^^^^^^^
(nm)
MinnesotaUte -
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Wednesday 13 July 2016, at 11:44 am [ID# 1832172] [reply]
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